After mobile phone devices, phased manufacturing push for AC makers

Phased manufacturing programme (PMP) — mostly associated with mobile phone devices — is set to be an integral part of the air-conditioning universe as well. The Union government is readying a scheme with an aim to curb import of AC products and components from China and Thailand.   Prime Minister Narendra Modi, while addressing India Inc on Tuesday, had stressed the need for reducing imports and strengthening local products across key categories including ACs.   Currently, the Light Engineering Industries Section under the Department for Promotion of Industry and Inte.....

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel
Key stories on are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.